1227 Otto Boulevard, Chicago Heights, Illinois 60411
$159,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1912 |
| Property Taxes: | $5,573 |
| Days On Market: | 485 |
| Lot Size: | 0,12 |
Description
Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling $2,400, this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while contributing to the property's profitability. Additionally, the yearly taxes amount to $5,573, offering a favorable financial outlook for potential buyers. Whether you're a seasoned investor or exploring your first venture into real estate, this property presents an attractive opportunity in a thriving rental market. Don't miss your chance to capitalize on this lucrative investment in Chicago Heights!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1912 | |
| — | |
| — | |
| No | |
| 0.12 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12052723 | |
| 32202080100000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Jan, 2016 | Sold | $14,000 | MRED MLS |
| 6 Jan, 2016 | Under contract | $19,900 | MRED MLS |
| — | Last price change | $29,900 | MRED MLS |
| 17 Nov, 2015 | Listed for sale | $29,900 | MRED MLS |
| 23 Aug, 2024 | Sold | $159,000 | MRED MLS |
| 25 Jul, 2024 | Under contract | $159,000 | MRED MLS |
| — | Last price change | $169,000 | MRED MLS |
| 9 May, 2024 | Listed for sale | $169,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
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| 5625 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $4,978 |
| 2024 | $5,573 |
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Listing Provided By
Realty One Group Excel
